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Pittsburgh, PA, March 27, 2018 -- Calgon Carbon Corporation is announcing a global price increase, effective immediately, where contracts permit, on all activated carbon products due to a continued escalation in the cost of raw materials. The increase is expected to range between 5-20%, depending on the specific product, raw material type, services provided, and global considerations.
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The primary raw materials used for producing activated carbon are coal, coconut shell, and wood, each of which has gone up in price. Additionally, costs associated with operating manufacturing facilities and moving freight have also escalated.
“Calgon Carbon has made every effort to reduce costs with process improvements, but the recent hike in raw material costs has exceeded our endeavors,” said Jim Coccagno, Executive Vice President, Core Carbon Services Division. “This price revision is necessary to ensure the continued supply of the highest quality activated carbon products and services to our customers.”
About Calgon Carbon Corporation
Calgon Carbon, a wholly-owned subsidiary of Kuraray Co., Ltd. (TYO: 3405) (Kuraray), is a global leader in the manufacture and/or distribution of innovative coal-, wood- and coconut-based activated carbon products - in granular, powdered, pelletized and cloth form - to meet the most challenging purification demands of customers throughout the world. Complemented by world-class activated carbon and ultraviolet (UV) light purification and disinfection equipment systems and service capabilities, as well as diatomaceous earth and perlites, Calgon Carbon provides purification solutions for more than 700 distinct applications, including drinking water, wastewater, pollution abatement, and a variety of industrial and commercial manufacturing processes.
Headquartered in Pittsburgh, Pennsylvania, Calgon Carbon employs approximately 1,300 people and operates 20 manufacturing, reactivation, innovation and equipment fabrication facilities in the U.S., Asia, and in Europe, where Calgon Carbon is known as Chemviron.
Calgon Carbon was acquired by Kuraray in March of 2018. With complementary products and services, the combined organization will continue to focus on providing the highest quality and most innovative activated carbon and filtration media products, equipment, and services to meet customer needs anywhere in the world. For more information, visit www.calgoncarbon.com.
Attachment:
A photo accompanying this announcement is available at http://www.globenewswire.com/NewsRoom/AttachmentNg/960f780c-e086-4fc4-93ab-46ae452dd8fb
Amanda Lofty Calgon Carbon Corporation 724-541-2658 [email protected]
